Gold prices extended gains on Friday, supported by a softer dollar and Treasury yields after U.S. economic data indicated a slowdown in inflation, although the Federal Reserve's hawkish interest rate…
ndonesia is weighing deep cuts to nickel mining quotas and is looking at lowering the amount of ore mined next year to as low as 150 million tons from 227 million this year, Bloomberg News reported on…
Gold prices edged lower as the dollar held firm on Wednesday, with investors awaiting a key U.S. Federal Reserve decision expected to shape market sentiment and gold's trajectory by outlining the central…
American steel company, Cleveland-Cliffs, has announced an increase in prices for hot rolled steel (HRC) to $800 per short ton. This is $50 higher than the November level of $750 per ton. The company…
Ten European Union (EU) countries have proposed further sanctions on Russian trade, including its output of metals such as aluminium, to further cut the country's revenues and funding for its war in Ukraine,…
Gold prices fell on Friday after bullion hit a more than five-week high in the previous session and as the U.S. dollar gained, but prices were on track for a weekly rise on expectations of a Federal Reserve…
In the tender, Toyota Tsusho Material was awarded 15,000 tonnes of Japanese H2 grade scrap for shipment by 31 January at JPY 42,739/tonne ($280/t) fas, or about $295/t fob Japan.
Canadian rare earth and metals recycler Cyclic Materials Inc. will supply at least 10 thousand metric tones of recycled copper to Glencore as the Swiss miner looks to secure copper that is expected to…
India plans to ramp up coal-powered steelmaking capacity could impede the country's goal of net-zero carbon emissions by 2070, Global Energy Monitor (GEM) said in a report on Tuesday.
Ukraine has increased its steel production so far in 2024 by 23.1% to 7 million metric tons, data from the country's steel producers union showed on Monday, but the possible loss of a key coking coal…
Blaming Beijing's curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel (HNKG.DE) told customers last month it had declared force majeure and suspended…
Gold prices dipped on Thursday as U.S. Treasury yields firmed after the release of weekly jobless claims data, while markets awaited U.S. non-farm payrolls figures for fresh insights into the Federal…
